The baseball sports league in America, Major League Basketball or MLB, now provides Dogecoin (DOGE) as a means of payment.
Currently, sports fans and enthusiasts can buy baseball game tickets using DOGE.
This month, fans of the official Oakland Athletics team can purchase tickets to watch the match against the Toronto Blue Jays with Dogecoin.
The team, also known as Oakland A, is offering several tickets for 100 DOGE which will be sold from May 3 to May 6 only.
Typically tickets on offer have a value of around $ 80 or Rp1.15 million, with DOGE prices currently discounted by around 46%.
It is reported that payments can be made via Bitpay and tickets will be issued via the MLB Ballpark application.
It seems that this ticket is relatively limited because it was only sold for a short period of time.
So it can be said that this adoption is not fully carried out yet, but it is one of the big steps for crypto in the world of baseball.
Oakland Athletics, the baseball team that was part of the famous baseball league film Moneyball, became active in the crypto world in March 2021.
At that time, Oakland Athletics was selling access to a special room to watch baseball in its stadium with a capacity of six people.
Crypto Enteres the World of Baseball
This access can be used for one season and the price of an access ticket is sold for 1 Bitcoin (BTC).
This adoption was one of the first steps for crypto into the world of baseball and paved the way for wider adoption.
For Dogecoin itself, currently its capitalization has increased quite significantly, it has even managed to beat the majority of large company shares.
Some of the companies that have been beaten by Dogecoin's capitalization are Honda, Motor Co., Ford Motors, and Twitter.
One analyst stated via Twitter that if Dogecoin were in the S&P 500 stock index, it would be quite high.
As for the price of Dogecoin itself, it looks like it has managed to form a new high around $ 0.4499.
From a technical point of view, DOGE seems to have just come out of the appreciation zone and formed a breakout and retest pattern that has the potential to push the price higher.
Currently the safe or support limit to keep appreciation is at $ 0.41 or Rp5,915 to $ 0.367.
It looks like that appreciation could bring DOGE closer to $ 1.
However, appreciation should continue past the upper limit of $ 0.446 or Rp6,435 which could bring appreciation up to $ 0.722.
The target is in the area of the 161.8% Fibonacci Extension which is likely to be reached with full fluctuation.